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India shares higher at close of trade; Nifty 50 up 0.07%

Published 10/10/2024, 11:30
Updated 10/10/2024, 11:35
© Reuters India shares higher at close of trade; Nifty 50 up 0.07%
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Investing.com – India equities were higher at the close on Thursday, as gains in the Banking, Power and Public Sector Undertakings sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 0.07%, while the BSE Sensex 30 index added 0.18%.

The biggest gainers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd. (NS:KTKM), which rose 4.18% or 75.30 points to trade at 1,876.10 at the close. HDFC Bank Ltd (NS:HDBK) added 1.79% or 29.25 points to end at 1,662.40 and Maruti Suzuki India Ltd. (NS:MRTI) was up 1.44% or 183.40 points to 12,944.10 in late trade.

Biggest losers included Cipla Ltd. (NS:CIPL), which lost 3.67% or 61.60 points to trade at 1,618.90 in late trade. Tech Mahindra Ltd (NS:TEML) declined 2.36% or 39.10 points to end at 1,619.70 and Sun Pharmaceutical Industries Ltd. (NS:SUN) shed 2.23% or 43.10 points to 1,887.75.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 3.90% to 1,870.85, JSW Steel Ltd (BO:JSTL) which was up 1.82% to settle at 1,013.10 and HDFC Bank Ltd (BO:HDBK) which gained 1.63% to close at 1,660.30.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 2.82% to 1,612.00 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 1.90% to settle at 1,894.45 and Infosys Ltd (BO:INFY) which was down 1.68% to 1,921.00 at the close.

Advancing stocks outnumbered falling ones by 1303 to 1162 and 99 ended unchanged; on the Bombay Stock Exchange, 2159 rose and 1582 declined, while 121 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.66% to 13.47.

In commodities trading, Gold Futures for December delivery was up 0.33% or 8.55 to $2,634.55 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.56% or 1.14 to hit $74.38 a barrel, while the December Brent oil contract rose 1.45% or 1.11 to trade at $77.69 a barrel.

USD/INR was up 0.01% to 83.96, while EUR/INR fell 0.02% to 91.83.

The US Dollar Index Futures was down 0.04% at 102.66.

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